Am Econ Assn speaks out about firing the #BLS Commish.
"It is standard practice for statistical estimates to be revised as [better] data become available. These revisions reflect the commitment of statistical agencies to accuracy, transparency, and methodological rigor--not failure or bias."
"We call upon elected officials to respect and preserve the independence of the nation's statistical infrastructure."
#econsky #statistics #data #datascience #federalstatistics #datainfrastructure #federaldata #economicstatistics #officialstatistics #statisticalagencies #infrastructure
Note that job revisions were quite common during the Biden Administration. Nothing political to see here, Trump just didn’t like the numbers.
By the end of 2026:Q1, there is a chance that tariffs, immigration, and other federal policies could create sufficient uncertainties and drags to cause a recession in the U.S. What should the NBER do to withstand administration retaliation if its Business Cycle Dating Committee declares a recession?
MAGA can’t fathom that some people do their jobs with integrity.
Isn't it a political appointment, so he'd replace her anyway?
